KIARA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KIARA
Largest movements
- Receivables within one year -€2,723
down €2,723 (-100.0%), from €2,723 to €0
- Formation expenses -€477
down €477 (-53.2%), from €897 to €420
- Cash +€132
up €132 (+4.9%), from €2,703 to €2,835
mainly Trade debts (+€5,408) and Net result for the year (+€4,838)
- Other debts -€13,069
down €13,069 (-78.8%), from €16,581 to €3,512
- Trade debts +€5,408
up €5,408 (+3641.6%), from €149 to €5,556
- Profit (loss) carried forward +€4,838
up €4,838 (+7.5%), from -€64,211 to -€59,373
- Tax, wage and social debts -€244
down €244 (-8.7%), from €2,804 to €2,560
- Gross operating margin +€20,292
up €20,292, from -€8,219 to €12,074
- Other operating charges -€890
down €890 (-12.1%), from €7,387 to €6,497
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,322 | €3,254 | -€3,068 | -48.5% |
| Formation expenses | 20 | €897 | €420 | -€477 | -53.2% |
| Current assets | 29/58 | €5,425 | €2,835 | -€2,591 | -47.8% |
| Amounts receivable within one year | 40/41 | €2,723 | €0 | -€2,723 | -100.0% |
| Trade receivables | 40 | €2,723 | €0 | -€2,723 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,703 | €2,835 | +€132 | +4.9% |
| Total equity and liabilities | 10/49 | €6,322 | €3,254 | -€3,068 | -48.5% |
| Equity | 10/15 | -€58,211 | -€53,373 | +€4,838 | +8.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,211 | -€59,373 | +€4,838 | +7.5% |
| Amounts payable | 17/49 | €64,533 | €56,628 | -€7,906 | -12.3% |
| Amounts payable after more than one year | 17 | €45,000 | €45,000 | = | 0.0% |
| Financial debts | 170/4 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,533 | €11,628 | -€7,906 | -40.5% |
| Trade debts | 44 | €149 | €5,556 | +€5,408 | +3641.6% |
| Suppliers | 440/4 | €149 | €5,556 | +€5,408 | +3641.6% |
| Taxes, remuneration and social security | 45 | €2,804 | €2,560 | -€244 | -8.7% |
| Taxes | 450/3 | €2,804 | €2,560 | -€244 | -8.7% |
| Other amounts payable | 47/48 | €16,581 | €3,512 | -€13,069 | -78.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477 | €477 | = | 0.0% |
| Other operating charges | 640/8 | €7,387 | €6,497 | -€890 | -12.1% |
| Gross operating margin | 9900 | -€8,219 | €12,074 | +€20,292 | |
| Operating profit (loss) | 9901 | -€16,083 | €5,099 | +€21,182 | |
| Financial charges | 65/66B | €152 | €261 | +€110 | +72.4% |
| Recurring financial charges | 65 | €152 | €261 | +€110 | +72.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,235 | €4,838 | +€21,073 | |
| Profit (loss) for the period | 9904 | -€16,235 | €4,838 | +€21,073 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,235 | €4,838 | +€21,073 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.